Louisville, Ky.-based ScionHealth has entered into a definitive agreement to acquire Dallas-based Cornerstone Healthcare Group, an organization with 16 locations of specialty hospitals, senior living facilities and a behavioral health facility.
Transactions & Valuation Issues
Cape Girardeau, Mo.-based SoutheastHealth wants to partner with a bigger health system through a plan called "Project Forward Vision," KFVS 12 reported May 12.
Piedmont Urgent Care by Wellstreet has acquired urgent care management company SmartCare Medical Group, adding 10 locations.
With humble beginnings as an individual hospital, Charlotte, N.C.-based Atrium Health has since grown into a major player in the healthcare field, most recently announcing plans to merge with Midwest health system Advocate Aurora Health on May 11.
Atrium Health and Advocate Aurora Health plan to merge into a 67-hospital system with upward of $27 billion in revenue and nearly 158,000 employees combined.
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Huntingdon Valley, Pa.-based Redeemer Health is seeking a strategic partnership for its 236-bed hospital in Meadowbrook, Pa., and physician practices, The Philadelphia Inquirer reported May 10.
North Carolina city officials took aim at what they considered a lack of communication from Nashville, Tenn.-based HCA Healthcare as it worked to close its acquisition of Asheville, N.C.-based Mission Health, according to the Citizen Times.
Yakima (Wash.) Valley Memorial signed a letter of intent to explore joining Tacoma, Wash.-based MultiCare Health System.
Massachusetts nurses' concerns about the closure of mental health and pediatric beds at Heywood Hospital were "intensified" by the May announcement that Worcester-based UMass Memorial Health and Heywood Healthcare are exploring an affiliation deal, the Massachusetts Nurses Association said May…
San Francisco-based Dignity Health and the San Joaquin County Board of Supervisors have settled on a management services agreement for San Joaquin General Hospital in French Camp, Calif.